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back in 2008 barack obama winning by ten percentage points. unemployment in the state essentially mirroring what we have nation wild, 8.2% -- nationwide, 8.2%. terry madonna, neighboring ohio is getting an awful lot of attention with its 18 electoral votes. what is so different between ohio and pennsylvania that makes the buckeye state more of a battleground than pennsylvania at least at the moment? >> guest: yeah. yeah, well, the essential difference is that ohio has a good many be more sort of moderate independent voters at this point which are likely to vote either republican or democrat. as i pointed out a moment ago, the reason the democrats have done well is they've captured the suburbs of our state in these last, in the presidential elections in recent years, and that's been the defining difference. you've got that big swath of in the middle of ohio in columbus that is the battleground area there. obviously, with the cleveland area up in the northeastern part of the state being democratic and the cincinnati part out in the southwest bei
back in 2008 barack obama winning by ten percentage points. unemployment in the state essentially mirroring what we have nation wild, 8.2% -- nationwide, 8.2%. terry madonna, neighboring ohio is getting an awful lot of attention with its 18 electoral votes. what is so different between ohio and pennsylvania that makes the buckeye state more of a battleground than pennsylvania at least at the moment? >> guest: yeah. yeah, well, the essential difference is that ohio has a good many be more...
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is higher today than when barack obama took office. think of that. >> and joining any now is "newsweek" columnist zachary caribel. let's get your analysis of the numbers. >> unemployment ticked up, but statistically it's a nonfactor. it's been where it is now for the past six, seven, eight months. it doesn't matter who is elected on tuesday. that's likely where we are. it's the only more than silver lining is you have moderate job creation. i think no one would prefer having less than 171,000 jobs created in a month. that's where we are right now. >> the anticipation was 125,000 job woos would be added. it's so intriguing the dynamics playing out in the northeast with sandy. when we started with a big calendar ticking down the job reports and the one right before the election, there was some analysis this would be big. it's not. >> one thing that's sort of odd and interesting about this is the three states with the worst unemployment levels, california, nevada and new jersey are solidly democratic. the whole republican argument that th
is higher today than when barack obama took office. think of that. >> and joining any now is "newsweek" columnist zachary caribel. let's get your analysis of the numbers. >> unemployment ticked up, but statistically it's a nonfactor. it's been where it is now for the past six, seven, eight months. it doesn't matter who is elected on tuesday. that's likely where we are. it's the only more than silver lining is you have moderate job creation. i think no one would prefer...
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. >> the obama campaign says unemployment went up because more people are re-entering the job market, newly optimistic about jobs being created. >> the american auto industry is back on top. home values are on the rise. >> but mitt romney was quick to insist not enough new jobs are being created to energize the still is the candidate who knows how. >> i will have a lot of people offering advice, and i know a lot about it myself to begin with. >> virginia remains one of the most coveted prizes to win on tuesday. barack obama has two rallies here tomorrow. on monday, the final day of campaigning, mitt romney will spend his day in lynchburg and head to a rally -- at george mason university. >> thanks, rebecca. residents of maryland turned out in big numbers for their final chance to turn in an early voting ballot. the state board of elections said early voting hit a record high of nearly 300,000 this year extended by one day because of hurricane sandy. >> through election day, if you see any problems at polling places, from long lines to machine of functions, please let us know. you can
. >> the obama campaign says unemployment went up because more people are re-entering the job market, newly optimistic about jobs being created. >> the american auto industry is back on top. home values are on the rise. >> but mitt romney was quick to insist not enough new jobs are being created to energize the still is the candidate who knows how. >> i will have a lot of people offering advice, and i know a lot about it myself to begin with. >> virginia remains...
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unemployment is higher today than when barack obama took office. >> reporter: some say the report could have been a tipping point in the election. matt dowd says it is too late to sway voters. >> the last six months in the economy are baked in the perceptions. >> reporter: mitt romney has scheduled a last minute stop sunday his advisers say the president is losing support in pennsylvania. president obama's camp says it is a desperate move. katie marzullo, abc7 news. >>> still ahead, chp rolls into action in oakland. a live report on how they will be helping the police force tonight. >>> police search for a couple stealing mail in broad daylight. >>> the california highway patrol is calling it its first night of lending a hand in oakland a big success. overnight chp joined oakland police in patrolling the city that has seen a spike in crime. >> reporter: oakland police happy to have chp officers on the streets with them to deal with the criminal element. opd has long said if you want to impact the crime rate in this city you have to get cooperation of the citizens. a short time ago, that
unemployment is higher today than when barack obama took office. >> reporter: some say the report could have been a tipping point in the election. matt dowd says it is too late to sway voters. >> the last six months in the economy are baked in the perceptions. >> reporter: mitt romney has scheduled a last minute stop sunday his advisers say the president is losing support in pennsylvania. president obama's camp says it is a desperate move. katie marzullo, abc7 news....
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unemployment is higher today than when barack obama took office. >> reporter: some say the report could have been apoint i. matt dowd says it is too late to sway voters. >> the last six months in the economy are baked in the perceptions. >> reporter: mitt romney has scheduled a last minute stop sunday his advisers say the president is losing support in pennsylvania. president obama's camp says it is a desperate move. katie marzullo, abc7 news. >>> still ahead, chp rolls into action in oakland. a live report on how they will be helping the police force tonight. >>> police search for a couple stealing mail in broad daylight. >>> the california highway patrol is calling it its first night of lending a hand in oakland a big success. overnight chp joined oakland police in patrolling the city that has seen a spike in crime. >> reporter: oakland police happy to have chp officers on the streets with them to deal with the criminal element. opd has long said if you want to impact the crime rate in this city you have to get cooperation of the citizens. a short time ago, that made a big impact on s
unemployment is higher today than when barack obama took office. >> reporter: some say the report could have been apoint i. matt dowd says it is too late to sway voters. >> the last six months in the economy are baked in the perceptions. >> reporter: mitt romney has scheduled a last minute stop sunday his advisers say the president is losing support in pennsylvania. president obama's camp says it is a desperate move. katie marzullo, abc7 news. >>> still ahead, chp...
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this is obama's base. african-americans, unemployment, 14.3%. young people. young people, trying to rally to get to polls on tuesday are at 16%. people forget the government only factors people looking for work in the last four weeks. i doesn't factor all of the people who stopped looking for work or people with experience and degrees who are in fast food restaurants right now. in addition to the part-time work. so i would have a hard time with the president coming out, saying that this is great and we're where we need to be. >> dana: go ahead, bob. >> bob: i was going to say that the people not looking for work, said for the first time it's now changed course and more people are entering the workforce looking for work. that is not accurate. >> dana: unable to find full-time jobs. >> eric: you are quoting a stat that really bad for president obama. around 4 million people over the last four years have left the workforce. >> dana: not only that, let me tell you, which this is where i am today -- misery up to 80%. economic misery up to 80%. if you are president
this is obama's base. african-americans, unemployment, 14.3%. young people. young people, trying to rally to get to polls on tuesday are at 16%. people forget the government only factors people looking for work in the last four weeks. i doesn't factor all of the people who stopped looking for work or people with experience and degrees who are in fast food restaurants right now. in addition to the part-time work. so i would have a hard time with the president coming out, saying that this is...
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unemployment is higher today than when barack obama took office. think of that. unemployment today is higher on -- than on the day barack obama took office. >> now it's all about turnout. and enthusiasm. >> let me tell you something, i might be the only person in america, but i am far more enthusiastic about president obama this time than i was four years ago. >> speaking about getting that vote out. >> not exercising your right to vote is milalarkeymalarkey. >> early voters will receive a $5 million donation from donald trump. >> couldn't you want this e -- don't you want this election over with already? >> the homeland security department is responding to a growing crisis in new york and new jersey. massive shortages of fuel hampering recovery efforts and leaving millions of motorists with empty tanks. tom costello is in richfield, new jersey, with details on that temporary fix. >> hi, andrea. we've got a lot going on here. let me just set the stage for you. we're on the jersey turnpike and a lot of cars moving through here at the vince lombardi station, very q
unemployment is higher today than when barack obama took office. think of that. unemployment today is higher on -- than on the day barack obama took office. >> now it's all about turnout. and enthusiasm. >> let me tell you something, i might be the only person in america, but i am far more enthusiastic about president obama this time than i was four years ago. >> speaking about getting that vote out. >> not exercising your right to vote is milalarkeymalarkey. >>...
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unemployment is higher today than when barack obama took office. >> now, as you might expect, the president is zeroing in on the job numbers. here he is, take a listen. >> today our businesses have created nearly 5.5 million new jobs and this morning we learned the companies hired more workers in october than at any time in the last eight months. >> all right, with that said, i want to bring in now our chief business correspondent, mr. ali velshi, he's traveling on the cnn election express and also there is john avalon, cnn contributor. hello, gentlemen. listen, you all heard what the president and mr. romney had to say, but, you know, let's talk about the political capital here. who is going to get more political capital out of this with just four days to the election, ali? >> well, hands down president obama because he had the most to lose out of this thing. the issue was if the unemployment rate went up substantially, or more importantly if the 171,000 jobs weren't created. the expectation was for 125,000 jobs. as long as he cleared that, he was going to be okay. barack obama gets more o
unemployment is higher today than when barack obama took office. >> now, as you might expect, the president is zeroing in on the job numbers. here he is, take a listen. >> today our businesses have created nearly 5.5 million new jobs and this morning we learned the companies hired more workers in october than at any time in the last eight months. >> all right, with that said, i want to bring in now our chief business correspondent, mr. ali velshi, he's traveling on the cnn...
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obama is re-elected. >> he said he would lower the unemployment rate, down to 5.#% now. today we learn it's actually 7.9%. that is 9 million jobs short of what he promised. unemployment is higher today than when obama took office. >> former labor department official notes at this pace it would take decade to get back to full employment. >> we need to have certain growth to keep up with the population. we're still talking nine or ten years of recovery. >> yet, the president has a narrow lead in ohio because the state's unemployment rate is only 7%. the president has gotten some credit for the auto bail-out. he charged today romney is trying to win this state by falsely charging in an ad the bail-out will lead chrysler to shift jobs from jeep plant here to china. >> everybody knows it's not true. the car companies themselves have told governor romney to knock it off. >> romney spokeswoman stood behind the ad charging, "his mismanagement of the process exposed taxpayers to $25 billion loss." companies are expanding production overseas. woman at the president's first event r
obama is re-elected. >> he said he would lower the unemployment rate, down to 5.#% now. today we learn it's actually 7.9%. that is 9 million jobs short of what he promised. unemployment is higher today than when obama took office. >> former labor department official notes at this pace it would take decade to get back to full employment. >> we need to have certain growth to keep up with the population. we're still talking nine or ten years of recovery. >> yet, the...
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we're supposed to have 6% unemployment, according to obama, if he spent $5 trillion. that's not what we got. we know that obama's plan put us in the worst position, fewer people working. fewer people in the workforce. people have given up on job opportunities. very weak economic growth. >> you know, i think a lot of voters, too, are sort of frustrated by the lack of anybody in congress working to the. and john earlier you were talking about the severe partisanship. and some people point to you in this taxpayer protection pledge, which i have on me. i don't know if people can see it clearly. you have everyone sign for the house of reps, i pledge i will oppose any and all efforts to increase the marginal income tax to oppose any net reduction or elimination of deductions. this one is for the senate. this one is for governors. this one is for state legislatures. you have a whole list, mostly republicans, almost every republican, who has signed onto that. and people who say when you start from there you create an environment where it's impossible to have any kind of negot
we're supposed to have 6% unemployment, according to obama, if he spent $5 trillion. that's not what we got. we know that obama's plan put us in the worst position, fewer people working. fewer people in the workforce. people have given up on job opportunities. very weak economic growth. >> you know, i think a lot of voters, too, are sort of frustrated by the lack of anybody in congress working to the. and john earlier you were talking about the severe partisanship. and some people point...
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it is comparing the unemployment rate now from when mr. obama took office. 7.8% on the day he took office and 7.9% now. that is literally no change over four years. president obama took office, really, at the worst possible moment in the economic crisis. the details tend to get lost in the political race. >>> thanks, scott. new this morning, the wait is over. the ipad mini hits store shelves this morning and people camped out for the new ipadre lea rele but not as many in the past. bob redell has more. >> reporter: about 50 people lined up in front of the apple store in los gatos this morning. a smaller line than the ones that have gone down the block for previous product releases. why is there not as much excitement? >> because the other tablets are available. you have the kindle and the google. >> reporter: comparable and a $329 price tag for the mini. when the doors opened at 8:00 this morning, price didn't seem to matter. the cash came out in wads. >> i have been waiting for so long to get one and everyone says get a kindle. it doesn't
it is comparing the unemployment rate now from when mr. obama took office. 7.8% on the day he took office and 7.9% now. that is literally no change over four years. president obama took office, really, at the worst possible moment in the economic crisis. the details tend to get lost in the political race. >>> thanks, scott. new this morning, the wait is over. the ipad mini hits store shelves this morning and people camped out for the new ipadre lea rele but not as many in the past. bob...
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unemployment today is higher than on the day barack obama took office. he promised that he would propose a plan to save social security and medicare from insolvency. he didn't. rather, he raided $716 billion from medicare to pay for his obama care. he said he was going to lower health insurance premiums for the average family by $2,500 a year by now. and actually, they are now $3,000 higher for an average family. and gasoline, the american family now pays $2,000 a year more for gasoline than when he was elected. of course, he also said he was going to work across the aisle on the most important issues. listen to this, he has not met on the economy or on the budget or on jobs with either of the republican leader of the house or the senate since july. instead of bridging the divide, he's made it wider. now, how is it that he's fallen so short of what he promised? in part, it's because he has never led before. he had never worked across the aisle before. he never truly understood how jobs are created and the economy. and, of course, today he is now making n
unemployment today is higher than on the day barack obama took office. he promised that he would propose a plan to save social security and medicare from insolvency. he didn't. rather, he raided $716 billion from medicare to pay for his obama care. he said he was going to lower health insurance premiums for the average family by $2,500 a year by now. and actually, they are now $3,000 higher for an average family. and gasoline, the american family now pays $2,000 a year more for gasoline than...
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if you look at the unemployment rate, over the last 45 months since president obama took office, the unemployment rate has come down. last month it was the lowest level since he took office. in fact, it was below where he took office, but the amount of job creation on a month-to-month basis has been slowing down. it's actually been a little bit smaller. so when you think about job creation and creating new jobs and driving the economy forward, that's an area where some economists will say it's not as strong. one area where we have seen jobs come back, and this was last month, is government work. one area where we've actually seen things drop off a bit is manufacturing, which has been one of the strongest sectors in our economy. >> thank you. norah? >>> for four days during superstorm sandy, president obama and mitt romney took it easy on each other, but on thursday they were back on the attack. >> this is no time for small measures. this is time for real change. when i'm elected president on day one we'll bring real change to america. >> he's saying he's the candidate of change. well
if you look at the unemployment rate, over the last 45 months since president obama took office, the unemployment rate has come down. last month it was the lowest level since he took office. in fact, it was below where he took office, but the amount of job creation on a month-to-month basis has been slowing down. it's actually been a little bit smaller. so when you think about job creation and creating new jobs and driving the economy forward, that's an area where some economists will say it's...
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when president obama was inaugurated, unemployment was 12.6% here. now it's 7.5%. so it's consistent not only with that overall decline here but also with the dynamic where ohio's unemployment rate is less than the nation's. that hasn't happened in decades. there's a silver lining even with all the frustration about the sluggish recovery in ohio. >> so the issue is like in ohio and everywhere else -- in many of the swing states, they have republican governors. >> that's right. >> who takes responsibility for the fact that in some cases you might be better off than you were four years ago? we see signs on the highway. one yesterday said no president obama, we're not better off than we were four years ago. not everybody shares the view. we talk to a lot of people in ohio who says things are better. who gets the credit? >> the republicans say it has nothing to do with president obama or the auto bailouts but policies put in place by governor kasic. a very controversial ad, the oug auto bailout has helped the economy and the industry. that is tangible. i think presiden
when president obama was inaugurated, unemployment was 12.6% here. now it's 7.5%. so it's consistent not only with that overall decline here but also with the dynamic where ohio's unemployment rate is less than the nation's. that hasn't happened in decades. there's a silver lining even with all the frustration about the sluggish recovery in ohio. >> so the issue is like in ohio and everywhere else -- in many of the swing states, they have republican governors. >> that's right....
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unemployment is higher today than when barack obama took office. think of that, today's unemployment is higher today than the day barack obama took office. he promised to save social security and medicare from insolvency, and he didn't. rather he raided $716 billion from medicare to pay for the obama devoted obama care. he said he would lower health care insurance premiums for the average family by $2,500 a year by each other, and now they are $3,000 higher for a average family. and gasoline, the american family now pays $2,000 a year more for gasoline than when he was elected. of course, he also said he would work across the aisle on the most important issues. listen to, this he has not met on the economy or the budget or on jobs with either of the republican leader of the house or the senate since july. instead of bridging the divide, he's made it wider. now how is it that he has fallen so short of what he promised? in part, it is because he never led before. he never worked across the aisle before, and he never truly understood how jobs are crea
unemployment is higher today than when barack obama took office. think of that, today's unemployment is higher today than the day barack obama took office. he promised to save social security and medicare from insolvency, and he didn't. rather he raided $716 billion from medicare to pay for the obama devoted obama care. he said he would lower health care insurance premiums for the average family by $2,500 a year by each other, and now they are $3,000 higher for a average family. and gasoline,...
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. >> unemployment is higher today than when barack obama took office. >> he said the president has failed to deliver. >> he said he was going to lower the unemployment rate. today we learned is actually 7.9%. that is 9 million short of what he promised. >> the unemployment rate rose to 7.9% in september. it also shows some players added 171,000 jobs in october. the longer term trend is also a mixed bag. >> 160,000 new jobs. that is enough to keep pace but it is not enough to repair the damage from the recession. >> what does all this mean for the election outcome? >> most americans have made up their mind about the candidates and certainly about the economy. a little news is not likely to change that. >> about 4% of likely voters remain undecided. it is not clear whether the numbers will sway them either way. >> what else did you see that was interesting? >> it shows growth in manufacturing and construction as well as the hotel restaurant and health-care sectors. on the downside, government hiring is down in the states and also no hourly wages remain flat. >> there are a number of referen
. >> unemployment is higher today than when barack obama took office. >> he said the president has failed to deliver. >> he said he was going to lower the unemployment rate. today we learned is actually 7.9%. that is 9 million short of what he promised. >> the unemployment rate rose to 7.9% in september. it also shows some players added 171,000 jobs in october. the longer term trend is also a mixed bag. >> 160,000 new jobs. that is enough to keep pace but it is not...
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it does mean president obama faces voters with the highest unemployment rate of any incumbent since roosevelt. the president is campaigning in the battleground state of ohio today he has three events planned there. mitt romney starts his campaign this morning in wisconsin and then he moss on to two rallies in ohio. the romney campaign is making a new play for pennsylvania. scheduling a lot of minute appearance this sunday aides say president obama has been unperforming in pennsylvania the president's camp calls it an act of desperation. some experts say almost all voters have made up their minds but it is tight in a lot of swing states. what do you think the jobs report means? go to facebook.com/abc7news and join that conversation. katie marzullo, abc7 news. >>> 6:36. traffic and weather together, next. here's a live look outside, golden gate bridge, you can see traffic moving in dry roads, meteorologist mike nicco will have the fill forecast. sue will have a look at commute. >>> cal's memorial stadium about to make history. event taking place tonight that has never occurred before in the sch
it does mean president obama faces voters with the highest unemployment rate of any incumbent since roosevelt. the president is campaigning in the battleground state of ohio today he has three events planned there. mitt romney starts his campaign this morning in wisconsin and then he moss on to two rallies in ohio. the romney campaign is making a new play for pennsylvania. scheduling a lot of minute appearance this sunday aides say president obama has been unperforming in pennsylvania the...
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unemployment is higher today than when barack obama took office. think of that. >> reporter: of course, the question is, how much any of that messaging matters. so much of the vote has already been decided in the minds of individual voters. so that what matters is the calls being made at this afl-cio phone bank trying to get their supporters out to vote, business, u.s. chambers doing exactly the same thing for the republicans. we're going to know on tuesday which side was more successful, larry. >> all right. john harwood. many thanks for that. >>> now president obama and mitt romney are crisscrossing the country in these critical final four days. obama's going to visit colorado, iowa, wisconsin, ohio, virginia, new hampshire, and florida. and an almost identical tour for romney excepts he swaps florida in favor of, get this, pennsylvania. very interesting. now you're going to be looking, there it is, live pictures of westchester, ohio, where a mitt romney rally is under way. tens of thousands there, and lines to come into the rally stretch out for
unemployment is higher today than when barack obama took office. think of that. >> reporter: of course, the question is, how much any of that messaging matters. so much of the vote has already been decided in the minds of individual voters. so that what matters is the calls being made at this afl-cio phone bank trying to get their supporters out to vote, business, u.s. chambers doing exactly the same thing for the republicans. we're going to know on tuesday which side was more successful,...
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he re-focused squarely on his rival >> if president obama is reelected, you will see high levels of unemployment continue and stalled wage growth, if any at all. >> reporter: and mr. romney mocked mr. obama for this proposal he outlined earlier. >> i said i want to consolidate the government agencies, we should have one secretary of business, instead of nine different departments. >> we don't need the secretary of business to understand business. we need a president who understands business. and i do. >> reporter: this afternoon in richmond, mr. romney called on supporters to give to the red cross but was interrupted by protesters. >> that is what caused this monster storm. >> reporter: at the center of the response to the storm, new york city's mayor michael bloomberg said that climate change contributed to the storm, and endorsed mr. obama as the best candidate to tackle the climate change, saying he could still inspire the hope he did four years ago, despite what mr. bloomberg called a disappointing four year term. and brian, there is still one significant event, tomorrow, the last monthly un
he re-focused squarely on his rival >> if president obama is reelected, you will see high levels of unemployment continue and stalled wage growth, if any at all. >> reporter: and mr. romney mocked mr. obama for this proposal he outlined earlier. >> i said i want to consolidate the government agencies, we should have one secretary of business, instead of nine different departments. >> we don't need the secretary of business to understand business. we need a president who...
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might have eclipsed what could have been a hurdle for president obama. the october unemployment report. as it turns out, last month was a strong one for job creation. the labor department said 171,000 jobs were added last month, the unemployment rate ticked to 7.9%, but remained under 8% which is key for the president. in a move that surprised exactly no one, both campaigns tried to spin the news this morning. governor romney said this in wisconsin. >> he said he was going to lower the unemployment rate down to 5.2%. today we learned it's 7.9%, that's 9 million jobs short of what he promised. >> speaking in ohio the president highlighted the spike in job creation. >> and today our businesses have created nearly 5.5 million new jobs and this morning we learned that companies hired more workers in october than at any time in the last eight months. >> joining us now, from washington, the man with all the answers, cnbc's amman jabbers. what's your assessment of this jobs report? >> it's definitely a strong jobs report, stronger than expected consensus was ab
might have eclipsed what could have been a hurdle for president obama. the october unemployment report. as it turns out, last month was a strong one for job creation. the labor department said 171,000 jobs were added last month, the unemployment rate ticked to 7.9%, but remained under 8% which is key for the president. in a move that surprised exactly no one, both campaigns tried to spin the news this morning. governor romney said this in wisconsin. >> he said he was going to lower the...
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unemployment is higher today than when barack obama took office. >> brown: what's more, romney warned, sticking with the president's economic policies will guarantee gridlock and worse. >> unless we change course, we may be looking at another recession. you can choose real change. you know that if the president is re-elected, he will still be unable to work with the people in congress. he has ignored them, attacked them, blamed them. the debt ceiling will come up again, and shutdown and default will be threatened, chilling the economy. >> brown: in turn, mr. obama accused his opponent of trying to scare voters over their economic futures. he pointed to a romney ad running in ohio that charges jeep is shipping jobs to china. >> you've got folks who work at the jeep plant who've been calling their employers worried, asking, "is it true? are our jobs being shipped to china?" and the reason they've been making these calls is that governor romney's been running an ad that says so. except it's not true. >> brown: chrysler has said it has no plans to move the jobs. the romney campaign insist
unemployment is higher today than when barack obama took office. >> brown: what's more, romney warned, sticking with the president's economic policies will guarantee gridlock and worse. >> unless we change course, we may be looking at another recession. you can choose real change. you know that if the president is re-elected, he will still be unable to work with the people in congress. he has ignored them, attacked them, blamed them. the debt ceiling will come up again, and shutdown...
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unemployment is higher today than when barack obama took office. >> we have our dynamic jobs report duo, bernstein and mauri maurice. that's a good number. how is it? >> it's a good number when you consider the past couple of months moved up on the payrolls 84,000. one of the things i always like to do when we talk about this is smooth out the monthly noise in the data by taking ang average. if you look at the average over the past four months and the employment growth has picked up, it's 170,000 per month. if you look at the second quarter when we were in a definite slower job growth regime, we added 70,000 per month. what you hear the president reflecting on there and it's worn out in the numbers is acceleration. a faster pace of job growth that's a good thing. you mentioned the tick up in the unemployment rate. that increase is insignificant, but more importantly this time it's a function of more people coming into the labor market. a bunch of them got jobs, but more people came in than were employed. if that persists, it's actually a good sign suggesting that the improving labor mar
unemployment is higher today than when barack obama took office. >> we have our dynamic jobs report duo, bernstein and mauri maurice. that's a good number. how is it? >> it's a good number when you consider the past couple of months moved up on the payrolls 84,000. one of the things i always like to do when we talk about this is smooth out the monthly noise in the data by taking ang average. if you look at the average over the past four months and the employment growth has picked...
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. >>> but first, which candidate does today's unemployment report help more, president obama, or perhaps it's mitt romney. we'll be joined live by cbs news' bob schieffer coming up next. keely and bianca thompson. keely, keely, keely and bianca thompson. accokeek. keely's district boxing and youth center. accokeek. >>> we are coming down to the wire, and on the presidential campaign trail, president obama and mitt romney are both targeting undecided voters who may be influenced by today's unemployment report. the jobless rate rose a 10th of a point from 7.8 to 7.9%. it is the highest number an incumbent president has faced on election day since franklin roosevelt. employers added 171,000 new jobs in october. 45,000 more than many analysts anticipated. and the labor department says hiring over the summer was better than previously thought. both president obama and mitt romney campaigned today in the battleground state of ohio. >>> with election day just days away the final push in the presidential race will be the focus of this week's cbs news "face the nation." joining us from new york i
. >>> but first, which candidate does today's unemployment report help more, president obama, or perhaps it's mitt romney. we'll be joined live by cbs news' bob schieffer coming up next. keely and bianca thompson. keely, keely, keely and bianca thompson. accokeek. keely's district boxing and youth center. accokeek. >>> we are coming down to the wire, and on the presidential campaign trail, president obama and mitt romney are both targeting undecided voters who may be...
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. >> unemployment is higher today than when barack obama took office. think of that. >> reporter: there's good news and bad news. the candidates are trying to convince -- spinet numbers. >> this was another busy day on the campaign trail. take us through some of the highlights from today. >> reporter: earlier today mitt romney spoke in wisconsin and he called this his closing argument. >> words are cheap. a record is real and it's earned. real change is not measured in words. real change is measured in achiefments and four years ago candidate obama promised so very much but he's fallen. >> reporter: as for the president he argues it comes down to trust. >> you may be frustrated sometimes by the pace of change but you know what i believe. you know where i stand. you know i tell the truth. you know i will fight for your families every single day. you know that. >> reporter: as if there wasn't enough political news out there today there's this brand-new cnn/orc that shows president obama has a slight lead over mitt romney so it's a dead heat there. >> than
. >> unemployment is higher today than when barack obama took office. think of that. >> reporter: there's good news and bad news. the candidates are trying to convince -- spinet numbers. >> this was another busy day on the campaign trail. take us through some of the highlights from today. >> reporter: earlier today mitt romney spoke in wisconsin and he called this his closing argument. >> words are cheap. a record is real and it's earned. real change is not...
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unemployment is higher today than when barack obama took office. >> just four days to go until americans cast their ballots. but will the new jobs numbers help undecided voters make up their minds? tonight yet another new story line as we near the finish line in the race for the white house. plus, new hope for patients as the hope for fuel begins to grow desperate. but with lines in some cases now stretching for miles, sempers and of in the storm zone are on the rise. >> no gas. they just closed. oh, my god! >> tonight new promises that help is on the way. >> but first from fox this friday night the fuel tankers carrying millions gallons of desperately needed gasoline to the heart of the hurricane zone are offshore and ready to be unloaded b. but getting the gas from ships to cars is proving to be a herculean task. people have had to wait to fill up in many times lines that stretch for miles. trying to buy fuel for vehicles and generators. then you have all the people to wait in line and get to the front and find the pumps have run dry. >> i have been here for three hours. >> three hours
unemployment is higher today than when barack obama took office. >> just four days to go until americans cast their ballots. but will the new jobs numbers help undecided voters make up their minds? tonight yet another new story line as we near the finish line in the race for the white house. plus, new hope for patients as the hope for fuel begins to grow desperate. but with lines in some cases now stretching for miles, sempers and of in the storm zone are on the rise. >> no gas....
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unemployment is higher today than when barack obama took office. >> romney picking up a talking point the unemployment rate rose to 7.9%. a month ago to recall in a september jobs report the rate dropped unexpectedly from 8.1% to 7.8%, which was the rate the president obama had when he took office in january 2009. giving the president a talking point, given that one back. dennis: thank you very much, peter barnes. cheryl: our next guest says recovery is simply not enough anymore and the october jobs report is another reminder we are nowhere near economic expansion. the chairman joins us now. why are you so focus on the idea of expansion and not recovery? >> when you look at the jobs report, remember, you have close to 150, maybe 200,000 new entrants into the job market every month. we have a jobs report like this, good, right on the margins very good and improving. we're still not absorbing or creating new jobs, not showing expanding economy so if we're looking to invest in other people's money like we do every day, we want to see an expanding economy, we want to know the things we ar
unemployment is higher today than when barack obama took office. >> romney picking up a talking point the unemployment rate rose to 7.9%. a month ago to recall in a september jobs report the rate dropped unexpectedly from 8.1% to 7.8%, which was the rate the president obama had when he took office in january 2009. giving the president a talking point, given that one back. dennis: thank you very much, peter barnes. cheryl: our next guest says recovery is simply not enough anymore and the...
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president obama, defending his record. the war in iraq is over, osama bin laden is dead, and our heroes are coming home. our businesses have created more than 5 million new jobs in the last 2 1/2 years, home values and 401(k)s are rising. we are less dependent on foreign oil than at any time in the last 20 years and the american auto industry is back on track. very much on message. today they're saying it on cnn.com, special op-eds that only we have. cnn political editor paul steinhauser is live in washington this morning. paul, this is the campaign weekend of the election. the biggest push there is. we only see it every four years. the final weekend. what do the campaigns have planned? >> it's all about location, location, location. let's go right to the map. here's where the president is going to be starting today, straight through election day. you can see ohio, ohio, ohio. the president's going to be in ohio each of the final four days. he also has got two trips to iowa. he's going to end his campaign on monday night i
president obama, defending his record. the war in iraq is over, osama bin laden is dead, and our heroes are coming home. our businesses have created more than 5 million new jobs in the last 2 1/2 years, home values and 401(k)s are rising. we are less dependent on foreign oil than at any time in the last 20 years and the american auto industry is back on track. very much on message. today they're saying it on cnn.com, special op-eds that only we have. cnn political editor paul steinhauser is...
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unemployment is higher today than when barack obama took office. think of that. >> reporter: governor romney has two stops in ohio today. president obama three. and they'll both be back before tuesday. both candidates are campaigning as if any letup would mean they would lose ohio and lose the election. i'm steve handelsman, news 4. >>> early voting ends tonight in maryland. tomorrow in d.c. the big turnout has overwhelmed elections officials and caused long lines at some early voting sites. it's also the talk around town this week. here with some reaction from the station's listeners. malette, what is driving these long lines? we've got question 6, we've got question 7. and by the way, that presidential election, too, right? >> that little thing, right? yeah. all of the above. you know, people have been really studying up on question 6 and 7. they've had no choice. they've been inundated with robo-calls and of course the ads that have been on tv and radio. and so people are energized. this is kind of like what you expect in this final push. and th
unemployment is higher today than when barack obama took office. think of that. >> reporter: governor romney has two stops in ohio today. president obama three. and they'll both be back before tuesday. both candidates are campaigning as if any letup would mean they would lose ohio and lose the election. i'm steve handelsman, news 4. >>> early voting ends tonight in maryland. tomorrow in d.c. the big turnout has overwhelmed elections officials and caused long lines at some early...
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unemployment is higher today than when barack obama took office. think of that. unemployment is higher today than on the day barack obama took office. [booing]. he promised to propose a plan to save social security and medicare from insolvency. he didn't. rather than he raided $716 billion from medicare to pay for his vaunted obamacare. [booing] he said he would lower health insurance premiums for the average family. by $2500 a year by now. actually by now they are now 3,000 higher for an average family. and gasoline, the american family now pays $2,000 a year more for gasoline than when he was elected. of course he also said he would work across the aisle. the most important issues. listen to this. he has not met on the economy or on the budget or on jobs with either of the republican leader of the house or the senate since july. instead of bridging the divide, he made it wider. now how is it that he has fallen so short of what he promised? in part it is because he never led before. he never worked across the aisle before. he never truly understood how jobs are
unemployment is higher today than when barack obama took office. think of that. unemployment is higher today than on the day barack obama took office. [booing]. he promised to propose a plan to save social security and medicare from insolvency. he didn't. rather than he raided $716 billion from medicare to pay for his vaunted obamacare. [booing] he said he would lower health insurance premiums for the average family. by $2500 a year by now. actually by now they are now 3,000 higher for an...
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president obama has now got the unemployment rate down a full point over the last year. so the trend line, unlike jimmy carter is very clear. melissa: trend line is going other way. it went up this month. went from 7.8 to 7.9. green energy. solar what you want to highlight? more abound, more sole sole of a story of solar energy companies going bankrupt. that is what you guys want to cling to? >> well the fact is, it has been a growth industry overall. there can be right-wing or republican spins on that. over the last year the unemployment rate --. melissa: how much tax dollars and what could the tax dollars spent on? >> can i say, melissa, give the president a little credit here. net more new jobs than when he took office in the wake. melissa: 194,000. >> well, but in the wake of the biggest financial disaster. what does romney do? melissa: got 16 million people who need more jobs at a rate -- four years 194,000 how long would it take to 16 million back to work four years for 194,000. i'm going to be dead by the time everyone is back to work. you've been talking a lot. i
president obama has now got the unemployment rate down a full point over the last year. so the trend line, unlike jimmy carter is very clear. melissa: trend line is going other way. it went up this month. went from 7.8 to 7.9. green energy. solar what you want to highlight? more abound, more sole sole of a story of solar energy companies going bankrupt. that is what you guys want to cling to? >> well the fact is, it has been a growth industry overall. there can be right-wing or republican...
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what we're hearing is the unemployment rate is higher today than when obama took office. with fewer people in the workforce, we can't afford four more years of this. your response to those concerns, quite frankly, that the jobs number is higher than what it was? >> well, we fully expected mitt romney and his group wasn't going to come out and endorse what the number is. we've been nearly 5.5 million jobs created. we're moving in the right direction. the question for people right now is where do they want to go from here? the president will say today, we've come too far to turn back now. >> there is a new line of attack we're hearing from mitt romney. he started it yesterday. i'm going to play a little clip right now. >> we've got to find something to suggest it's going to be better over the next four years. so we came up with an idea last week, which is he's going to create the department of business. i don't think adding a new chair in his cabinet will help add millions of jobs on main street. >> jobs, jobs, more jobs. it's what i've been hearing since i've been on the g
what we're hearing is the unemployment rate is higher today than when obama took office. with fewer people in the workforce, we can't afford four more years of this. your response to those concerns, quite frankly, that the jobs number is higher than what it was? >> well, we fully expected mitt romney and his group wasn't going to come out and endorse what the number is. we've been nearly 5.5 million jobs created. we're moving in the right direction. the question for people right now is...
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. % to 7.8%. >>> president obama will be in ohio when the jobs report comes out. the president will spend most of the day in the buckeye state prosecute returning to the white house tonight. the president returned to the campaign trail yesterday, visiting wisconsin, colorado and nevada. and those are his first events since sandy struck. mitt romney will spend part of today in ohio. he will start the day in wisconsin. he'll deliver what aides call his closing argument. from there, he heads to ohio and rallies in columbus, and cincinnati. >>> today, your last chance to vote early in maryland. polling centers open from 8:00 this morning until 9:00 tonight. early voting was supposed to end earlier this week. it was extended through earlier today since polling centers were closed monday and tuesday. vote early through tomorrow in the district. polling centers open until 9:00 p.m. today and tomorrow. >>> good news for new yorkers in the dark after hurricane sandy. con edison, the utility company that serve much of manhattan says power should be fully restored by tomorro
. % to 7.8%. >>> president obama will be in ohio when the jobs report comes out. the president will spend most of the day in the buckeye state prosecute returning to the white house tonight. the president returned to the campaign trail yesterday, visiting wisconsin, colorado and nevada. and those are his first events since sandy struck. mitt romney will spend part of today in ohio. he will start the day in wisconsin. he'll deliver what aides call his closing argument. from there, he...
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where it was when obama was sworn in. now the obama administration is pointing out they created more than five million jobs since the president took office in the private sector, that is. and also, if you look at the first full month the president was in office the unemployment rate was 8.3%. now it's 7.9. >> tom: instead of arguing about the data, what about the demographics here? because polls, obviously, show this is an extremely close race going into tuesday. so what about the key voting demographics in this jobs report? >> reporter: you know, one little nugget that i thought was very interesting, the unemployment rate for white men has fall tone 6.6% and about a year ago it was 7.8%. that is a key voting demographic, but interestingly enough, even though the unemployment rate is coming down, that demographic is going as much as two to one for romney. you know, sometimes demographic information and the unemployment information doesn't always sync up. >> tom: timing is everything in terms of synching up for whoever win
where it was when obama was sworn in. now the obama administration is pointing out they created more than five million jobs since the president took office in the private sector, that is. and also, if you look at the first full month the president was in office the unemployment rate was 8.3%. now it's 7.9. >> tom: instead of arguing about the data, what about the demographics here? because polls, obviously, show this is an extremely close race going into tuesday. so what about the key...